VS
Vinay SharmaFund Manager Since 9 Apr 2018
EquitySector - Financial Services
Nippon India Banking & Financial Services Fund Direct Plan - Growth
3Y Annualised
18.78%
0.53% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-2.24%
0.53% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
4 years
NIFTY 50
5 years 8 months
FD
9 years 7 months
Fund info
Fund size
₹7752.54 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹5000
Exit load
0.01%
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
Fund Managers
KD
Kinjal DesaiFund Manager Since 25 May 2018
BD
Bhavik DaveFund Manager Since 18 Jun 2021
About Nippon India Banking & Financial Services Fund Direct Plan - Growth
Nippon India Banking & Financial Services Fund Direct Plan - Growth is a Equity mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 13 years, having been launched on 2013-01-01. Nippon India Banking & Financial Services Fund Direct Plan - Growth has ₹7752.54 Cr worth of assets under management (AUM) as of Sat Mar 07 2026. The latest Net Asset Value (NAV) of Nippon India Banking & Financial Services Fund Direct Plan - Growth as of Fri Mar 06 2026 is ₹697.2204. The fund has an expense ratio of 0.96%, which is medium comparable to most other Equity funds.
Nippon India Banking & Financial Services Fund Direct Plan - Growth returns for the last 1 year are 20.88%. Since launch, it has delivered 14.31% average annual returns.
The Nippon India Banking & Financial Services Fund Direct Plan - Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Nippon India Banking & Financial Services Fund Direct Plan - Growth.
- HDFC Bank Ltd: 15.13%
- ICICI Bank Ltd: 13.00%
- Axis Bank Ltd: 9.85%
- State Bank of India: 7.73%
- SBI Life Insurance Co Ltd: 3.79%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2013-01-01 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Banking & Financial Services Fund Direct Plan - Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
Similar Funds from Nippon Life India Asset Management Ltd
Nippon India Aggressive Hybrid Fund - Direct Plan - Growth Option
AllocationAggressive Allocation
3Y CAGR
15.71%
expense ratio
1.07%
fund size
₹4024.55 Cr
Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option
EquityELSS (Tax Savings)
3Y CAGR
18.13%
expense ratio
1.03%
fund size
₹14881.42 Cr
Nippon India Multi Cap Fund - Direct Plan - Growth
EquityMulti-Cap
3Y CAGR
21.82%
expense ratio
0.72%
fund size
₹48808.64 Cr
Nippon India Equity Savings Direct Growth
AllocationEquity Savings
3Y CAGR
9.91%
expense ratio
0.49%
fund size
₹933.24 Cr
Nippon India Equity Savings Growth
AllocationEquity Savings
3Y CAGR
8.86%
expense ratio
1.57%
fund size
₹933.24 Cr
Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
